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Lake Forest

Real Estate

Buyers Guide

 

Lake Forest Homes

Lake Forest Real Estate

Lake Forest Realtors

Making an offer to purchase

Using comparable home sales

Make your offer

Ernest money deposit

Contingencies in a purchase agreement

Agreeing on price & terms

Home warranty

                   

Home warranty

One of the concerns with buying a resale home is that most buyers worry about major problems surfacing in the home after they have moved in. 

A home warranty offers coverage for certain things in a home. It is a great way to lift some of those worries. Most home warranty plans offer a one year coverage, and cover major concerns like plumbing, electrical, appliances, windows, doors, etc. You can also add additional coverage for items like pool, spa, a/c, limited roof coverage, and other items depending on the company used. 

When writing an offer with your Realtor, you can usually ask the seller to pay for a home warranty plan. However, this is an option for the seller and not a requirement.

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Written By Shan Roberts

Department of Real Estate # 01262388